Markovian Demand Inventory Models

"This book contains the most complete, rigorous mathematical treatment of the classical dynamic inventory model with stochastics demands that I am aware of. Emphasis is placed on a demand structure governed by a discrete time Markov chain. The state of the Markov chain determines the demand dis...

Full description

Saved in:
Bibliographic Details
Main Authors: Beyer, Dirk. (Author, http://id.loc.gov/vocabulary/relators/aut), Cheng, Feng. (http://id.loc.gov/vocabulary/relators/aut), Sethi, Suresh P. (http://id.loc.gov/vocabulary/relators/aut), Taksar, Michael. (http://id.loc.gov/vocabulary/relators/aut)
Corporate Author: SpringerLink (Online service)
Format: Electronic eBook
Language:English
Published: New York, NY : Springer US : Imprint: Springer, 2010.
Edition:1st ed. 2010.
Series:International Series in Operations Research & Management Science, 108
Subjects:
Online Access:https://doi.org/10.1007/978-0-387-71604-6
Tags: Add Tag
No Tags, Be the first to tag this record!
LEADER 04882nam a22006495i 4500
001 978-0-387-71604-6
003 DE-He213
005 20200918223702.0
007 cr nn 008mamaa
008 100301s2010 xxu| s |||| 0|eng d
020 |a 9780387716046  |9 978-0-387-71604-6 
024 7 |a 10.1007/978-0-387-71604-6  |2 doi 
050 4 |a HF5691-5716 
072 7 |a KJQ  |2 bicssc 
072 7 |a BUS091000  |2 bisacsh 
072 7 |a KJQ  |2 thema 
082 0 4 |a 330.0151  |2 23 
100 1 |a Beyer, Dirk.  |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
245 1 0 |a Markovian Demand Inventory Models  |h [electronic resource] /  |c by Dirk Beyer, Feng Cheng, Suresh P. Sethi, Michael Taksar. 
250 |a 1st ed. 2010. 
264 1 |a New York, NY :  |b Springer US :  |b Imprint: Springer,  |c 2010. 
300 |a XX, 255 p. 15 illus.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a text file  |b PDF  |2 rda 
490 1 |a International Series in Operations Research & Management Science,  |x 0884-8289 ;  |v 108 
505 0 |a I INTRODUCTION -- II DISCOUNTED COST MODELS -- Discounted Cost Models with Backorders -- Discount Cost Models with Polynomially Growing Surplus Cost -- Discounted Cost Models with Lost Sales -- III AVERAGE COST MODELS -- Average Cost Models with Backorders -- Average Cost Models with Polynomially Growing Surplus Cost -- Average Cost Models with Lost Sales -- IV MISCELLANEOUS -- Models with Demand Influenced by Promotion -- Vanishing Discount Approach Versus Stationary Distribution Approach -- V CONCLUSIONS AND OPEN RESEARCH PROBLEMS -- Conclusions and Open Research Problems. 
520 |a "This book contains the most complete, rigorous mathematical treatment of the classical dynamic inventory model with stochastics demands that I am aware of. Emphasis is placed on a demand structure governed by a discrete time Markov chain. The state of the Markov chain determines the demand distribution for the period in question. Under this more general demand structure, (s,S) ordering policies are still shown to be optimal. The mathematical level is advanced and the book would be most appropriate for a specialized course at the Ph.D. level." Donald L. Iglehart Professor Emeritus of Operations Research, Stanford University "This book provides a comprehensive mathematical presentation of (s,S) inventory models and affords readers thorough coverage of the analytic tools used to establish theoretical results. Markovian demand models are central in the extensive scientific literature on inventory theory, and this volume reviews all the important conceptual developments of the subject." Harvey M. Wagner University of North Carolina at Chapel Hill "Beyer, Cheng, Sethi and Taksar have done a fine job of bringing together many of the central results about this important class of models. The book will be useful to anyone interested in inventory theory." Paul Zipkin Duke University. 
650 0 |a Business mathematics. 
650 0 |a Operations research. 
650 0 |a Decision making. 
650 0 |a Management science. 
650 0 |a Production management. 
650 0 |a Probabilities. 
650 0 |a Engineering economics. 
650 0 |a Engineering economy. 
650 1 4 |a Business Mathematics.  |0 https://scigraph.springernature.com/ontologies/product-market-codes/523000 
650 2 4 |a Operations Research/Decision Theory.  |0 https://scigraph.springernature.com/ontologies/product-market-codes/521000 
650 2 4 |a Operations Research, Management Science.  |0 https://scigraph.springernature.com/ontologies/product-market-codes/M26024 
650 2 4 |a Operations Management.  |0 https://scigraph.springernature.com/ontologies/product-market-codes/519000 
650 2 4 |a Probability Theory and Stochastic Processes.  |0 https://scigraph.springernature.com/ontologies/product-market-codes/M27004 
650 2 4 |a Engineering Economics, Organization, Logistics, Marketing.  |0 https://scigraph.springernature.com/ontologies/product-market-codes/T22016 
700 1 |a Cheng, Feng.  |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
700 1 |a Sethi, Suresh P.  |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
700 1 |a Taksar, Michael.  |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer Nature eBook 
776 0 8 |i Printed edition:  |z 9780387565637 
776 0 8 |i Printed edition:  |z 9780387716039 
776 0 8 |i Printed edition:  |z 9781461424666 
830 0 |a International Series in Operations Research & Management Science,  |x 0884-8289 ;  |v 108 
856 4 0 |u https://doi.org/10.1007/978-0-387-71604-6 
912 |a ZDB-2-SBE 
912 |a ZDB-2-SXBM 
950 |a Business and Economics (SpringerNature-11643) 
950 |a Business and Management (R0) (SpringerNature-43719)